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Tay Ninh seeks investors in 54 key projects

Invest Global 08:52 09/05/2024

The southern province of Tay Ninh is calling for investment across various sectors for this year.

Tay Ninh People’s Committee has issued a list of projects calling for investments across various sectors in the southern province in 2024.

Tay Ninh seeks investors for 54 key projects

The official plan was announced at a conference on May 5, attended by Prime Minister Pham Minh Chinh. The list includes six urban areas, 15 residential housing projects, 10 commercial and service areas and markets, nine agricultural projects, and three tourism projects. There are also a number of projects in the fields of education, transportation, sports, urban wastewater collection and treatment, and urban water supply.

Some large-scale projects are the 175 -hectare urban service area and the 266ha urban area next to Ba Den Mountain National Tourist Area.

Another project is growing medicinal herbs under the forest canopy combined with ecotourism and medical services in Hoa Hoi commune, Chau Thanh district. The city is also luring investment for a high-tech livestock farming area in Tan Hoi and Tan Ha communes of Tan Chau district.

According to Nguyen Thanh Ngoc, Chairman of Tay Ninh People’s Committee, the province’s official planning for the 2021–2030 period, has opened up new paths, visions, and space developments, creating driving forces for Tay Ninh.

By 2030, Tay Ninh is expected to be a dynamically developed, civilised locality that can adapt well to climate change. By 2050, Tay Ninh will become a province with a developed economy based on clean industries and high-tech agriculture.

Tay Ninh has many potentials and advantages for development. Specifically, Tay Ninh is located in the southeast region, which is the economic engine of the country. Tay Ninh is a border province holding an important geopolitical position in terms of defence, security, and foreign affairs of the country.

The province also plays a role in connecting the Central Highlands provinces with the southeast region, while linking the Mekong Delta with the southeast and the trans-Asia economic corridor.

The area has great potential for border economic development, especially when trade with Cambodia is increasing rapidly. Tay Ninh acts as a direct and indirect connection point with a number of Southeast Asian countries.

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By Vy Bui